Tag Archives: Wells Fargo

Wells Fargo’s first quarter results fell 6 percent from a year ago, as the bank had to set aside more money to cover its struggling portfolio of oil and gas loans. The San Francisco-based bank said April 13 that it ...

NEW YORK (AP) — A judge in New York has given final approval to a deal calling for Wells Fargo Bank to pay $1.2 billion to the government to settle claims against it for improper mortgage lending practices. U.S. District ...

One Wells Fargo Center, the fourth tallest building in Charlotte’s central business district and a prominent city landmark, has been sold for $284 million to a limited liability company whose principal office is in Nevada. The center at Third and ...

DEAR MR. BERKO: In August of 2014 you told me not to buy Wells Fargo. And in April of 2015 you said that the company would increase its earnings and dividend but that you didn’t care for the stock. This ...

The Wells Fargo Economic Group is getting into the swing of things in preparation for this weekend’s big football game. The bank’s number-crunchers issued a report saying both cities have a lot to be excited about, adding, “But it is ...

NEW YORK (AP) — Wells Fargo says it has agreed to pay $1.2 billion to settle a lawsuit from the government related to its Federal Housing Administration home mortgage program. The bank said Wednesday it reached the agreement earlier this ...

SAN FRANCISCO (AP) — Wells Fargo & Co. is naming a long-time company veteran its president and chief operating officer, a new position. The San Francisco-based bank said Tuesday that Tim Sloan will take on the role effective immediately. The ...

CHARLOTTE, N.C. (AP) — Wells Fargo is moving mortgage servicing operations from Charlotte to Fort Mill, South Carolina. The Charlotte Observer reported about 350 employees will be involved in the move to Fort Mill, just across the state line from Charlotte. Wells Fargo said ...

Wells Fargo Bank has agreed to pay $81.6 million to settle claims that it failed to notify homeowners in bankruptcy of changes in their mortgage payments. The Department of Justice said Thursday that the lender’s failure to give borrowers timely notice ...

NEW YORK – General Electric said Tuesday that it is selling three of its corporate lending and leasing units to Wells Fargo, the latest step in industrial conglomerate’s campaign to shed its financial units so it can focus on its ...